Ajcon Global Services (BOM:511692) Debt-to-Equity : N/A (As of Dec. 2023)

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What is Ajcon Global Services Debt-to-Equity?

Ajcon Global Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Ajcon Global Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Ajcon Global Services's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₹0.0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ajcon Global Services's Debt-to-Equity or its related term are showing as below:

BOM:511692' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.47 Med: 1.04 Max: 1.86
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of Ajcon Global Services was 1.86. The lowest was 0.47. And the median was 1.04.

BOM:511692's Debt-to-Equity is ranked worse than
57.61% of 611 companies
in the Capital Markets industry
Industry Median: 0.36 vs BOM:511692: 0.52

Ajcon Global Services Debt-to-Equity Historical Data

The historical data trend for Ajcon Global Services's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ajcon Global Services Debt-to-Equity Chart

Ajcon Global Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.01

1.14

0.68

0.47

0.55

Ajcon Global Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.55	N/A	0.52	N/A

Competitive Comparison of Ajcon Global Services's Debt-to-Equity

For the Capital Markets subindustry, Ajcon Global Services's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ajcon Global Services's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ajcon Global Services's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ajcon Global Services's Debt-to-Equity falls into.

Ajcon Global Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ajcon Global Services's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(27.978	+	90.182)	/	216.945
	=	0.54

Ajcon Global Services's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	0
	=	N/A

Ajcon Global Services (BOM:511692) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Ajcon Global Services Debt-to-Equity Related Terms

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Ajcon Global Services (BOM:511692) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Ajcon Global Services Ltd (BOM:511692) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Western Express Highway, 408, A-Wing, Express Zone, Near Patels, Goregaon (East), Mumbai, MH, IND, 400063

Website

https://www.ajcononline.com

Ajcon Global Services Ltd is an India based company engages in the provision of financial services. Its services include equity broking, commodity broking, depository services, commodity broking, corporate advisory services, equity research, loan syndication, turnkey projects, corporate advisory services, investment banking and merchant banking. The company generates revenue from stock market operations, consultancy and advisory services, and facility fees.

Ajcon Global Services (BOM:511692) Headlines

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